186 Visa Qualified Gold Coast Long History High Turnover Steak Restaurant for Sale $270,000+stock

The business is situated in a busy beach suburb with a beautiful ocean view.

The business meets all 186 visa requirements.

Trading history: the owners started the business in 2015.

2023 yearly sales is $1,200,000.00 + weekly average sales $25000

Selling wine, steak, seafood etc

Trading hours: Monday to Thursday 5pm to 8:30pm

Friday Sat 5pm to 9pm Sunday close

Yearly rent $120,000 inclusive GST and outgoing

Size 126 m 2

110 seats

Lease expire in october 2031

Has a liquor license

Feb 2024 electricity is $1217.97

Food Costs 35% -37%

wages 30%

Rent 11%


two owners each one works 30 hours a week

Yearly net profit $220,000 +

Asking price $270,000 + stock